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ShinMaywa Industries LTD Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Wednesday, 31 Jul 2013 03:00am EDT 

ShinMaywa Industries LTD announced that it has raised its mid-year consolidated outlook for revenue from JPY 72,500 million to JPY 73,000 million, operating profit from JPY 1,200 million to JPY 2,400 million, ordinary profit from JPY 1,300 million to JPY 2,500 million, net profit from JPY 700 million to JPY 1,700 million, and earnings per share from JPY 7.02 to JPY 17.05, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 160,000 million to JPY 165,000 million, operating profit from JPY 5,300 million to JPY 6,700 million, ordinary profit from JPY 5,600 million to JPY 7,000 million, net profit from JPY 3,300 million to JPY 4,400 million, and earnings per share from JPY 33.10 to JPY 44.13, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the depreciation of yen. 

Company Quote

1115.0
-1.0 -0.09%
9:30pm EST